AMC, LAZR and OCGN are among premarket gainers
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
- Gainers: Several companies experienced stock price increases, including AC Immune, Gamestop Corporation, Cyclacel Pharmaceuticals, Plutonian Acquisition, WaveDancer, Squarespace, Fulcrum Therapeutics, AMC Entertainment, JanOne, Recursion Pharmaceuticals, DatChat, ZEEKR Intelligent Technology, Oklo, Incyte, Smart Share Global, Koss, Luminar Technologies, and Ocugen.
- Premarket Activity: Gamestop Corporation surged premarket, while Squarespace announced going private in a $6.9B all-cash deal with Permira, leading to a climb in shares.
- Business Deals: JanOne is set to acquire ALT 5 Sigma Inc., a blockchain financial technology provider, while Oklo signed an MOU with Atomic Alchemy for collaboration on isotope production.
- Company Updates: Fulcrum Therapeutics and AC Immune saw positive movements following their Q1 earnings call releases, and Recursion Pharmaceuticals completed the NVIDIA-Powered BioHive-2 supercomputer.
- Market Trends: Companies like DatChat and ZEEKR Intelligent Technology are gaining market share in Brazil, with ZEEKR experiencing a 6% increase in stock value.
Analyst Views on EM
About EM
Smart Share Global Ltd is a holding company mainly engaged in providing mobile device charging services. The Company operates two segments. The Mobile Device Charging segment provides service through power banks, placed in Point of Interest (POIs) operated by location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs and public spaces. The Mobile Device Charging segment is also involved in advertising services and sales of merchandise. The PV Business segment provides engineering, procurement and construction (EPC), as well as installation services for household rooftop photovoltaic power stations. The PV Business segment is also involved in sales of raw materials.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
